Tuesday 11 Nov 2025 @ 14:20
techUK
Printable version

Life sciences investment – techUK response to call for evidence

We are submitting this evidence to the Science, Innovation and Technology Committee in response to its consultation on Life Sciences Investment.

Executive summary

techUK is the UK’s technology trade association, representing over 1,000 organisations, the majority of which are UK-based SMEs. Our members span the full breadth of the health and life sciences ecosystem – including pharmaceuticals, medical technology, digital health, genomics, biotech, AI, and data science – and work extensively with the NHS, UK Government and health care organisations to deliver digital transformation and innovation.

We are submitting this evidence to the Science, Innovation and Technology Committee in response to its consultation on Life Sciences Investment. Our submission reflects the views and experiences of techUK’s Life Sciences Working Group and wider health and care membership and aims to support the Committee’s efforts to identify actionable steps to strengthen the UK’s position as a global leader in life sciences.

While the UK boasts world-class research institutions, a strong innovation base, and a globally respected regulatory system, its competitiveness is declining. Foreign Direct Investment in life sciences fell by 58% between 2021 and 2023, clinical trial activity has dropped significantly, and venture capital is increasingly flowing to the US and EU. techUK members cite regulatory delays, fragmented adoption pathways, pricing pressures, and structural uncertainty as key barriers to investment and growth.

We welcome the ambition of the Life Sciences Sector Plan (LSSP), which sets out clear goals and deliverables around R&D, manufacturing, and data. However, delivery must now be the priority. techUK calls for stronger emphasis on operational infrastructure, digital integration, and industry collaboration to ensure innovations reach patients and deliver measurable impact. techUK and its members are ready to work with government, regulators, and the NHS to deliver the LSSP and unlock the full potential of UK life sciences.

Health and Social Care Programme activities

techUK is helping its members navigate the complex space of digital health in the UK to ensure our NHS and social care sector is prepared for the challenges of the future. We help validate new ideas and build impactful strategies, ultimately ensuring that members are market-ready. Visit the programme page here.

London Health and Social Care Industry Dinner 2025

Our next Health and Social Care Industry Dinner will be held on 13 November.

Book Now

 

Channel website: http://www.techuk.org/

Original article link: https://www.techuk.org/resource/life-sciences-investment-techuk-response-to-call-for-evidence.html

Share this article

Latest News from
techUK

Budget breakdown: energy support for digital infrastructure left out of week of announcements

04/12/2025 13:05:00

In all of the major fiscal announcements last week, most notably Wednesday’s Budget, there was a notable lack of financial support for digital infrastructure, particularly around energy costs.

techUK statement on the UK–US pharmaceutical deal

03/12/2025 11:25:00

The UK-US pharmaceuticals agreement marks a major step forward for investment, innovation and patient access. With new tariff-free trade, updated NICE thresholds and VPAG reforms, the UK is creating the right environment for a thriving life sciences ecosystem.

Demystifying the adoption of AI in police forces across England and Wales

02/12/2025 16:25:00

techUK’s Justice and Emergency Services Committee (AI sub-group) has launched a report exploring how Artificial Intelligence (AI) is currently being used and how it is likely to be used in the future across Police Forces in England and Wales.

Global Tech & Trade Policy Update

01/12/2025 16:25:00

Hello from the sky over the Atlantic, where I’m writing this newsletter from. Hope you are all doing well and that work is slowly winding down into December. Below is your latest rundown of global tech, trade, and regulatory developments. 

 

techUK reacts to the Autumn Budget 2025

28/11/2025 16:25:00

It was 12 months ago that the Chancellor significantly raised business costs through a series of tax rises including raising employer national insurance contributions (NICs).

techUK insight: UK Government launches ‘AI for Science Strategy’

26/11/2025 14:15:00

On 20 November 2025, Ministers Kanishka Narayan MP and Lord Patrick Vallance published the UK's AI for Science Strategy, a plan designed to position the UK at the forefront of AI-driven scientific discovery. 

Government publishes independent study revealing cost of cyber attacks to UK economy

26/11/2025 13:15:00

Government publishes independent study revealing cost of cyber attacks to UK economy

The launch of GDS Local – A new chapter for public service transformation

26/11/2025 11:25:00

On 22 November 2025, GDS Local went live, a new specialist unit in the Government Digital Service (GDS), that sits within the Department for Science, Innovation and Technology (DSIT).

Call for contributions: A sustainable future for Cloud, Data and AI

25/11/2025 16:25:00

At a time when our commitment to mitigate the impact of climate change has never been more urgent, a sustainable approach to technology should be at the heart of any digital transformation strategy.

Setting the standard for RESPONSIBLE AI: A GUIDE FOR MODERN RECRUITERS